Huawei Consumer Business Group Announces H1 2018 Business Results

Huawei rises to become the world’s second largest smartphone manufacturer with robust Q2 2018 performance

Huawei Consumer Business Group (CBG) today announced its business results for thefirsthalfof 2018. The company reported solid growth, with global smartphone shipments at 95+ million units*. Accordingto IDC, Huaweirises to become the world’s second largest smartphone manufacturer in Q2 with the global market share of 15.8%.

Richard Yu, CEO, Huawei Consumer Business Group said, “The past six months have been incredible for Huawei CBG, marked by robust growth of our business across all markets and product lines. Our success is owed to our commitment to innovation and, most importantly, our customers. Moving forward, Huawei will remain focused on continually improving our offerings with an emphasis on on-device AI, cloud and the wider Huawei ecosystem.”

Business performance highlights

HUAWEI P20 Series: Fusing art and technology, the P20 Series has been very well received among the fashion-forward consumers.The global shipments of theHUAWEI P20 Series surpassed9 million units;

HUAWEI Mate 10 Series: The latest HUAWEI Mate Series set the trend for mobile AI and strengthened the company’s position in the high-end market with global shipments of over 10 million units;

HUAWEI nova Series: Globally, the number of nova smartphone users exceeded50 million, contributing to growth of the overall mid-range smartphone market. Total shipments of the nova Seriesincreased by 60 percentyear-over-year.

Retail business has grown and now Huawei operates over 53,000 Huawei stores and 3,500 Huawei Experience Stores globally. The company plans to bolster its retail network by adding another 10,000 retail stores and 700 Experience Stores around the world before the end of 2018.